I just spoke to 40 people in a room doing a Mastercoin hack-a-thon (http://tinyurl.com/mastercoinhack)

We've got multiple fronts of dev effort happening right now, on Omniwallet, on a new cross-platform desktop wallet, a cross-platform command-line client which will become the parsing engine for all implementations, and of course the spec.

Now, regarding MSC price:

Of course, we all hate to see MSC price taking a beating, but I am pretty sure I know why. One single person convinced a major MSC holder to pay them a large sum in MSC as an upfront payment for some promised work, despite my warnings that I was certain from previous experience that this person would immediately liquidate most, if not all of them. Sure enough, as soon as they got their hands on the MSC, it went straight to MasterXChange, and the price started dumping hard. Sigh . . .

I'm convinced that as we demonstrate more uses for MSC (for instance, the distributed exchange between MSC and child tokens), we'll have more people enter on the buy side.

Please keep in mind that MSC is volatile by design, and it can spike up just as violently